73 St Nicholas Avenue, Gosport - Holloway Iliffe & Mitchell

TO LET

HOLLOWAY ILIFFE & MITCHELL

Ground Floor Lock-Up Shop **REDUCED RENT** 467 Sq Ft (43.38 Sq M)

73 St. Nicholas Avenue Rowner Gosport Hampshire SATNAV PO13

9RH

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Established Local Shopping Parade Densely Populated Residential Area Front Car Parking Other Uses Considered STP

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73 St. Nicholas Avenue, Rowner, Gosport, Hampshire LOCATION

EPC RATING

St. Nicholas Avenue is located in the Rowner area of Gosport midway between the A32 Fareham Road and B3385 Newgate Lane. Convenient access is therefore available both in an around Gosport and north to Fareham and junction 11 of the M27 motorway.

D (84)

LOCATION PLAN

The property is located on the North side of St Nicholas Avenue in an established retail parade. The premises are within a densely populated residential housing area.

DESCRIPTION The property comprises of a ground floor lock-up shop which currently has a sales area with rear WC and wash-hand basin. The property also has rear access. The property benefits from an electric roller shutter and on road parking to the front.

ACCOMMODATION Shop Depth Shop Width (Max) Sales Net Internal Area

10.2 m 4.81 m 43.40 sq.m / 467 sq.ft

TERMS Available on a new full repairing and insuring lease at at term to be agreed. Previously Quoted Rent: £7,500 pax Year 1: ** £6,500pax, ** ** OFFER DEAL ** Year 2: £7,000 pax, Year 3: £7,500pax. Further details on request.

BUSINESS RATES Rateable Value: £5,700. Uniform Business Rates Payable per annum: £2,684.70 Source: voa.gov.uk

The above calculations are based on the following limitations: • •

Small business rate relief applies only to occupied properties. A percentage reduction in your rates bill only applies if you only occupy one property.

DISCLAIMER

For the Lessors or Vendors of this instruction, whose Agents they are, give notice that; These particulars are set out as general guidance only to intending Purchasers or Lessees, and do not constitute any part of an offer or contract. Details are given without any responsibility and any intending Lessees, Purchasers or Third Parties should not rely on them as statements or representations of fact, but must satisfy themselves by inspection or otherwise as to the correctness of each of them. No person in the employment of Holloway Iliffe & Mitchell has any authority to make any representation or warranty whatsoever in relation to this property.

You are advised to confirm the rates payable with the local council before making a commitment.

VIEWING

OTHER COSTS

Strictly by appointment with sole agents

A service charge is payable to cover costs such as maintenance and repair of common parts landscaping management fees.

Holloway Iliffe & Mitchell Limited

Registered Office:10 Acorn Business Park Northarbour Road Portsmouth PO6 3TH

Luke Mort T 023 9237 7800 E [email protected]

Additionally building insurance is also payable. Each party to be responsible for their own legal costs incurred in the transaction.

As responsible landlords, our client has regard to the recommendations of the Code of Practice for Commercial Leases in England & Wales. If you are professionally represented, you should ask your advisor for a copy. Alternatively, the document can be found at www.leasingbusinesspremises.co.uk or be obtained from The Royal Institution of Chartered Surveyors (Tel: 020 7343 3806) In accordance with the code, our client is willing to consider alternative lease terms to those proposed. If you wish to suggest different terms, please set these out clearly in your reply. Please bear in mind however that variations may affect the level of rent proposed.

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Date Prepared: 15-Jan-2016